- China – Polyethylene Terephthalate
- PET and its chain are assessed mixed,but polyester yarn is weak.
- Crude oil is steady.
- Polyamide 6 and its chain continue to lose ground.
PET Bottle grade export 1,010/1,050 $/ton – PET Bottle grade domestic market 7,850/7,950 yuan/ton – PET Filament grade SD domestic market 7,500/7,600 yuan/ton – PET Filament grade BR domestic market 7,600/7,700 yuan/ton
- PTA Taiwan 835/845 $/ton – PTA domestic market 6,600/6,700 yuan/ton – MEG 565/575 $/ton – MEG domestic market 4,450/4,550 yuan/ton – PX Korea 880/890 $/ton
- Polyester POY 150D/48F domestic market 8,350/8,450 yuan/ton – Polyester DTY 150D/48F domestic market 19,950/10,050 yuan/ton – Polyester Staple PSF domestic market 8,450/8,550 yuan/ton
-RadiciGroup – Competitiveness and industrial efficiency: priorities of High Performance Polymers in Europe.
RadiciGroup High Performance Polymers has announced the reallocation of the industrial activities of Radici Plastics B.V. to its other European plants, as part of the business area’s efficiency improvement plan in Europe.
The objective is to further improve competitiveness in the market, also in the face of the continued slowdown in Europe, particularly in the automotive sector. This organizational change aims to optimize the services and results of the business area, not only to ensure swift response times to market challenges, but also to maintain the characteristic flexibility of RadiciGroup, whose key strength is vertically integrated polyamide production.
The company and union representatives have already begun to discuss measures to protect the workers’ occupational interests through personalized solutions for each individual involved.
President Trump toughened his stance toward China on Wednesday, threatening to prolong his trade war with Beijing, which immediately signaled that it was prepared to fight back.
Mr. Trump, in a pair of tweets on Wednesday morning, said he would be happy to keep tariffs on Chinese exports rather than make a bad deal, setting the stage for a contentious round of talks between the United States and China that is set to begin on Thursday.
Mr. Trump’s comments provoked a swift response from the Chinese Commerce Ministry, which suggested that it was once again ready to retaliate against American companies and their products with its own countermeasures.
Crude Oil Prices Trend
Potential for short-lived upward pricing trajectory possible for the polyolefins, PS.
‘Mayday’ proved interesting in commodity resin pricing with prices increases underway for PE, PP, and PS, and at least slightly downward for PVC and PET.
While higher global crude oil prices were a variable for successful or attempted price initiatives, domestic market fundamentals included ample resin supplies, relatively sluggish demand, and in most cases, lower feedstock costs.
Is drunk the orange juice, it remains nothing more than an annoying packaging, the power in our trash can and our ecological Conscience strained.
Or, if it is a glass bottle, reminding us that the glass is full, and the response to the collection is no longer longer postpone.
What is often forgotten: the packaging is not only an ecological Problem, they also do a lot of Good for the environment.Polymers Petrochemicals Smart Plastics
So it is, from an ecological point of view, crucial that the packaging protect the contents as well as possible, and this arrives without any losses to the consumer.
For the preparation of a beverage has a much greater influence on the LCA of the product than the manufacture and disposal of the packaging.
Only the mineral water, it behaves differently: Here, the packaging pollutes the environment more than the content.
Chemicals company Büfa, based in Oldenburg, Germany, has recently formed a spin-off company, Büfa Thermoplastic Composites, for the distribution of renewable raw materials and semi-finished products for long and continuous fibre-reinforced thermoplastic composites.
Now the company is partnering with Cordenka, the leading manufacturer of technical multifilament yarns made of regenerated cellulose for high-performance tyres and engineering rubber products.
Büfa Thermoplastic Composites sees further potential in Cordenka in thermoplastics, both within the automotive sector and beyond, particularly in products requiring high impact resistance.
Carbios and L’Oréal have announced a major partnership with Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe. The consortium was originally founded by Carbios and L’Oréal to bring recycling technology developed by Carbios to the market on an industrial scale.
Under the terms of the four-year agreement, the Consortium partners’ ambition is to bring Carbios’ PET-enhanced recycling technology to the market and increase the availability of high-quality recycled plastics to fulfill their sustainability commitments. The collaboration includes technical milestones and support for the efficient supply of consumer-grade, 100 per cent recycled PET plastics for global markets.
While the prices of most regrind and recyclate grades in Germany stalled in April 2019 at the previous month’s level, the quotes for commercial and industrial polyethylene film scrap ticked higher once again.
The upward momentum for scrap film correlates with the rather tight arisings.
For regrind and recyclate, the Easter holidays also put a noticeable damper on deliveries, due in part to logistical problems.Polymers Petrochemicals Smart Plastics
The world’s largest oil company Aramco will provide additional crude oil to domestic oil refiners to meet shortages arising from the US decision to lift Iran sanction waivers from major oil importing countries, including India.
Sources in state-run oil companies said that the Saudi Arabian oil giant has offered to increase crude oil supplies to India by 200,000 barrels a day (bpd) that would meet almost half of the country’s oil imports that was coming from Iran.
On 29 and 30 May, MeetingPack 2019, held in Valencia, Spain, will present cutting-edge solutions in sustainable plastic packaging for food and beverages.
The event will be divided into five sessions focused on ‘Sustainability trends in barrier packaging: towards Objective H2030’ and will include a session on the key aspects and business success stories in sustainable plastic packaging.
Ainia will discuss and analyse the challenges of food packaging in accordance with circular economy principles, and incorporating the advances in functionality, food safety and comfort demanded by consumers, manufacturers and distributors.
Moreover, bioplastics company Novamont will discussinnovative materials to produce sustainable packaging.Polymers Petrochemicals Smart Plastics
BASF will showcase its range of products at Techtextil 2019 from May 14–17, 2019 in Frankfurt.
One product will include Elastollan, the company’s thermoplastic polyurethane at suitable for production of a wide range of materials for the textile industry, due to its high elasticity and excellent mechanical strength.
The new opaque film type Elastollan SP 818 combines high water vapour permeability with good adhesion and processing properties, especially for blown film extrusion.
Researchers have created PDK, a recyclable plastic that can be repeatedly reprocessed into a different shape, texture, and colour without loss of performance or quality.
Key to the breakthrough by a team from the US Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) is the ability to break the plastic down into its constituent parts at the molecular level.
The new material – poly(diketoenamine), or PDK – has been reported in Nature Chemistry.
“Most plastics were never made to be recycled,” said lead author Peter Christensen, a postdoctoral researcher at Berkeley Lab’s Molecular Foundry. “But we have discovered a new way to assemble plastics that takes recycling into consideration from a molecular perspective.”
The investment will increase the plant’s production capacity per year by a double-digit percentage.
Mondi Corrugated Packaging has unveiled further investment plans boosting its unique Heavy Duty corrugated portfolio – a product range serving key industries in the German economy with sustainable packaging and logistic solutions.
Mondi’s innovative corrugated packaging replaces formerly used transport containers made of solid wood or metal and offers remarkable benefits to further reduce environmental footprint.